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-The Above Table Has the Marginal Product Schedule for Nick's

Question 343

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  -The above table has the marginal product schedule for Nick's Dry Cleaners, a perfectly competitive dry cleaning firm. a) If the price to dry clean a blouse is $8 each, complete the last column of the table. b) If Nick can hire workers at the going wage rate of $16 an hour, how many workers does Nick hire?
-The above table has the marginal product schedule for Nick's Dry Cleaners, a perfectly competitive dry cleaning firm.
a) If the price to dry clean a blouse is $8 each, complete the last column of the table.
b) If Nick can hire workers at the going wage rate of $16 an hour, how many workers does Nick hire?

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